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October 30, 2018

Important lumber-related developments impact lumber prices in the US

A number of important lumber-related developments have come out of North America over the last period.  The US-Mexico-Canada Agreement (USMCA)  The USMCA was recently inked, which does not mention softwood lumber specifically but does renew the very important Chapter 19 dispute resolution mechanism. With the negotiations of the USMCA now complete, this leaves open the possibility that the US and Canada may now focus on resolving the contentious trade disputes regarding softwood lumber. It is noteworthy that the Chapter 19 dispute resolution mechanism was left in place, which gives each country the right ...

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